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Published on 4/9/2020 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $5.02 million PLUS linked to Stoxx

By Wendy Van Sickle

Columbus, Ohio, April 9 – Barclays Bank plc priced $5.02 million of 0% Performance Leveraged Upside Securities due July 6, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 29.9%. If the index return is negative, investors will be exposed to the decline.

Barclays is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:Barclays Bank plc
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$5,023,890
Maturity:July 6, 2021
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 29.9% maximum return; if index return is negative, exposure to decline
Initial level:2,786.9
Pricing date:March 31
Settlement date:April 3
Agent:Barclays
Distribution:Morgan Stanley Wealth Management
Fees:1.75%
Cusip:06747G562

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